Quantcast
Zero fee investing - Beyond.ca - Car Forums
Page 1 of 2 1 2 LastLast
Results 1 to 20 of 24

Thread: Zero fee investing

  1. #1
    Join Date
    Jan 2008
    Location
    Calgary
    My Ride
    Unicycle
    Posts
    10,858
    Rep Power
    100

    Default Zero fee investing

    http://www.cbc.ca/news/business/weal...ting-1.4787710
    The latest investing trend: not just low-fee but no-fee.

    Wealthsimple and Fidelity shake up investing world offering trading and managed funds at no cost
    Fees in Canada have been some of the highest in the world for a long time. Thoughts or opinions on these zero-fee options?
    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  2. #2
    Join Date
    Dec 2008
    Location
    All over
    My Ride
    CAEB, 6G72
    Posts
    213
    Rep Power
    0

    Default

    I'm intrigued, so I signed up for the waitlist. 32344 ahead of me so far.

  3. #3
    Join Date
    May 2002
    Location
    Triangle
    My Ride
    Lexus
    Posts
    10,323
    Rep Power
    44

    Default

    That's nice and all but gimme a sample of a baller portfolio so I know what to buy

  4. #4
    Join Date
    Nov 2003
    Location
    Moo Town
    My Ride
    (0^oo^0)~
    Posts
    746
    Rep Power
    21

    Default

    Max, what's your portfolio like at the moment?

    I have mine mostly in mutual funds but I'm looking at adding a couple of ETF's.

  5. #5
    Join Date
    Jan 2008
    Location
    Calgary
    My Ride
    Unicycle
    Posts
    10,858
    Rep Power
    100

    Default

    Quote Originally Posted by max_boost View Post
    This quote is hidden because you are ignoring this member. Show Quote
    That's nice and all but gimme a sample of a baller portfolio so I know what to buy
    Dude, couch potato
    https://canadiancouchpotato.com/model-portfolios/
    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  6. #6
    Join Date
    May 2002
    Location
    Triangle
    My Ride
    Lexus
    Posts
    10,323
    Rep Power
    44

    Default

    Yup. I'm on that balanced portfolio with Couch potato with minor variation

    40% ZAG
    20% TSX
    40% Global

    I'm just curious what the real ballers have in theirs haha

  7. #7
    Join Date
    Sep 2016
    Location
    Calgary, Ab
    My Ride
    2021 Zonda CRV
    Posts
    895
    Rep Power
    12

    Default

    About time. But I think it will not do much unless some of these funds (exception being wealtsimple) have accesability without having a trading acount.

    You need a minimum for a trading account (TD) if not you get hit with fee's.
    I actually switched from Wealth Simple to Tangerine only due to the UI interface (and until I get into a steady job).

    A lot of these invetsment accounts can make a lot of money (via customers) if they changed thier approached of how they get money into the acounts from customers and the UI.

  8. #8
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,234
    Rep Power
    28

    Default

    WealthSimple's trading platform is limited to $1000/trade for the time being.

  9. #9
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    4,006
    Rep Power
    48

    Default

    Quote Originally Posted by suntan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    WealthSimple's trading platform is limited to $1000/trade for the time being.

  10. #10
    Join Date
    Feb 2005
    Location
    calgary.ab.ca
    My Ride
    E90M3 510 Wagon
    Posts
    7,789
    Rep Power
    36

    Default

    Quote Originally Posted by max_boost View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Yup. I'm on that balanced portfolio with Couch potato with minor variation

    40% ZAG
    20% TSX
    40% Global

    I'm just curious what the real ballers have in theirs haha
    TSLA earnings plays... duh

  11. #11
    Join Date
    Nov 2004
    Location
    Calgary
    My Ride
    A slow bike & an even slower car.
    Posts
    6,337
    Rep Power
    29

    Default

    Quote Originally Posted by max_boost View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Yup. I'm on that balanced portfolio with Couch potato with minor variation

    40% ZAG
    20% TSX
    40% Global

    I'm just curious what the real ballers have in theirs haha
    Seems like a lot of bonds? Why so conservative?

    Not criticizing - I'm new to investing. Am just curious to hear your thoughts.

  12. #12
    Join Date
    Nov 2003
    Location
    Moo Town
    My Ride
    (0^oo^0)~
    Posts
    746
    Rep Power
    21

    Default

    I'm pretty new to it too. I always thought Max was pretty baller but maybe he just wears the modesty well

    My current portfolio consists of MF's in Science/Technology, Nasdaq, Blue Chip, and North American dividends so it's pretty much all equities within USA. I'd like to get into the Canadian market a bit more.

  13. #13
    Join Date
    May 2002
    Location
    Triangle
    My Ride
    Lexus
    Posts
    10,323
    Rep Power
    44

    Default

    Quote Originally Posted by A790 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Seems like a lot of bonds? Why so conservative?

    Not criticizing - I'm new to investing. Am just curious to hear your thoughts.
    Just did some quick math it's actually about 33% ZAG and the number will probably keep dropping as I add more equity positions. So somewhere in between balanced and assertive.

    Quote Originally Posted by rx7boi View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I'm pretty new to it too. I always thought Max was pretty baller but maybe he just wears the modesty well

    My current portfolio consists of MF's in Science/Technology, Nasdaq, Blue Chip, and North American dividends so it's pretty much all equities within USA. I'd like to get into the Canadian market a bit more.
    Yea just pick up an ETF like VCN or XIU or XIC for TSX exposure.

    And I definitely not baller however I can give you a list of the real ballers on this site. haha

  14. #14
    Join Date
    Jan 2008
    Location
    Calgary
    My Ride
    Unicycle
    Posts
    10,858
    Rep Power
    100

    Default

    I'm rich in friendship, does that count?
    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  15. #15
    Join Date
    Dec 2008
    Location
    calgary
    Posts
    1,750
    Rep Power
    15

    Default

    Quote Originally Posted by suntan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    WealthSimple's trading platform is limited to $1000/trade for the time being.
    That’s brutal, but I guess free is free...

  16. #16
    Join Date
    Apr 2009
    Location
    Nowhere
    Posts
    6,794
    Rep Power
    22

    Default

    ...
    Last edited by Sugarphreak; 08-18-2019 at 02:14 PM.

  17. #17
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    4,006
    Rep Power
    48

    Default

    I was just thinking with some banks limiting trading as of late..

    Anyone use Wealthsimple Trade?

    With $0 commission, did they remove the $1000/trade limit now? If so, might be a decent place to trade with the $0 commission.

  18. #18
    Join Date
    May 2002
    Location
    Triangle
    My Ride
    Lexus
    Posts
    10,323
    Rep Power
    44

    Default

    Quote Originally Posted by max_boost View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Yup. I'm on that balanced portfolio with Couch potato with minor variation

    40% ZAG
    20% TSX
    40% Global

    I'm just curious what the real ballers have in theirs haha
    Wow who was this guy. That’s a shit portfolio lol

  19. #19
    Join Date
    Jan 2008
    Location
    Calgary
    My Ride
    Unicycle
    Posts
    10,858
    Rep Power
    100

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I was just thinking with some banks limiting trading as of late..

    Anyone use Wealthsimple Trade?

    With $0 commission, did they remove the $1000/trade limit now? If so, might be a decent place to trade with the $0 commission.
    Only if you trade Canada stocks. There's a currency fee on USA stuff that is egregious.

    - - - Updated - - -

    Quote Originally Posted by max_boost View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Wow who was this guy. That’s a shit portfolio lol
    Your new portfolio is better bud.
    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  20. #20
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    4,006
    Rep Power
    48

    Default

    Quote Originally Posted by ExtraSlow View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Only if you trade Canada stocks. There's a currency fee on USA stuff that is egregious.
    But there is a currency fee on any bank you use as a brokerage too. It might be even less on Wealthsimple Trade.

    I just want to know if anyone uses Wealthsimple Trade personally and can trade Canada and US stocks with no limit, and if they see any drawbacks using that vs the big Canadian brokerages?

    Edit: Nvm, looks like you can only trade on your phone and there is no real time quotes (delayed 15 min). Hmm... Not sure it is worth the no-commission fee.
    Last edited by Disoblige; 02-01-2021 at 10:31 AM.

Page 1 of 2 1 2 LastLast

Similar Threads

  1. Investing (Stock Trading)

    By liquid1010 in forum Careers
    Replies: 21
    Latest Threads: 09-18-2004, 11:10 AM
  2. investing money, what company to choose

    By TomTom in forum General
    Replies: 11
    Latest Threads: 07-26-2004, 12:32 AM
  3. Free tickets to Real Estate Investing Conference

    By 01sohccivic in forum Miscellaneous Buy/Sell/Trade
    Replies: 4
    Latest Threads: 03-19-2004, 01:32 AM
  4. investing websites

    By bksze in forum General
    Replies: 5
    Latest Threads: 02-10-2004, 07:14 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •